youdao

youdao

直接的竞争可能会强烈刺激它们降低价格，也许是通过接受更低的利润率或者要求供应商提供更好的交易条件。

The head-to-head competition might give them a strong incentive to lower their prices, perhaps by accepting slimmer profit margins or demanding better deals from providers.

youdao

She is also a PhD candidate in Economics and is doing research on the behavior of options prices in a phenomenon called the "Options smile," as she's smiling at me right now.

她也在攻读经济学博士学位,目前正在研究"期权微笑",也就是,期权隐含波动率微笑现象中的价格变动趋势,她现在正对我微笑呢

耶鲁公开课 - 金融市场课程节选